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Miami International Holdings has acquired a controlling interest in the Bermuda Stock Exchange. MIH is the parent holding company of the MIAX, MIAX Pearl and MIAX Emerald options exchanges. The US company said the stake in the BSX aligns directly wi...

AM Best has affirmed the credit ratings of Colonial Group after a review sparked by losses related to Hurricane Dorian. The rating agency said today it had removed the Bermudian-based insurer’s A financial strength rating from under review with devel...

Shares of One Communications Ltd fell by 60 cents, or 16.7 per cent, after 14,000 traded on The Royal Gazette/BSX Index. Meanwhile, in New York, shares of Butterfield Bank were up 35 cents, or 1.03 per cent, at $34.18. The Royal Gazette/BSX Index was...

Ed, the global reinsurance, wholesale and speciality broker, has appointed John Turner as chairman of Ed Bermuda. Mr Turner joins from Aon, where he was most recently chairman, Aon commercial risk solutions UK & Americas. He has more than 40 years’ ...

Hayley Johnston has been named as the new chief executive officer of Lancashire Insurance Company Limited. She will assume the role next spring. She succeeds Elaine Whelan, who announced her retirement plans earlier this year, and will step down as C...

Finance professionals will have a chance to hear from experts in finance transformation next week and learn how they can improve efficiencies in their financial close process. Business applications and technology services firm, Emergence, in partners...

Hospitality professionals have been invited to attend two informational workshops that will pave the way for a new tourism education programme in Bermuda’s primary and middle schools. Bermuda Tourism Authority is hosting the workshop twice at the Ham...

Visitor industry entrepreneurs have been encouraged to attend the “Inspire Bermuda” event taking place on Friday and Saturday at the Fairmont Southampton resort. The event, which brings together multicultural creatives and entrepreneurs from the Unit...

Law firm Carey Olsen Bermuda was among the winning advisers for the Financial Services Deal of the Year at The Deal Awards Europe 2019. Carey Olsen was recognised along with the other advisory teams involved in the $5.6 billion acquisition of Jardine...

Shares of Butterfield Bank climbed 1.8 per cent in Bermuda Stock Exchange trading. The bank gained 60 cents to close on $33.60 as 400 shares changed hands. Butterfield’s US-listed shares moved in the opposite direction, falling 22 cents, or 0.65 per ...